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Google helped craft these laws. This is classic regulatory capture. In particular, it is banning horizontally integrated surveillance capitalism (which requir
by hedora 3y ago
Google helped craft these laws. This is classic regulatory capture.
In particular, it is banning horizontally integrated surveillance capitalism (which requires the sale of data between the data gathering companies and the people using it), but not vertically integrated surveillance capitalism.
In all likelihood, some companies in this ecosystem will be forced to sell at fire sales to conglomerates (like Google) simply to avoid having to comply with this law. Of course, this benefits organizations that are large enough to acquire the companies, and no one else.
So, people with financial conflicts of interest are picking winners and losers, which is pretty much standard practice in US politics these days.
I personally think this whole consumer tracking industry should be shut down. It should be illegal to gather the types of information that this bill regulates.
- paulddraper 3y agoYou do understand that there is a real difference between selling ad placement and selling personal data, right? Maybe you hate both, but there is a meaningful difference.
- musicale 3y agoExactly, for data sales, the advertiser gets the information up front. For ad placement, they only get it after you click on the ad, and it's only linked to you personally by your IP address and browser fingerprinting, or more directly if you log in or buy something.